Remitly to Lay Off 150-180 Employees in Israel as It Closes Development Center.

Wednesday, Feb 4, 2026 9:07 am ET1min read
RELY--

Remitly, a US online remittance services company, is closing its Israel development center with 200 employees, including 150-180 layoffs. A small team of about a dozen employees will remain for sales and commercial activities. The center was established after Remitly acquired Israeli startup Rewire in August 2022 for approximately $80 million.

Remitly to Lay Off 150-180 Employees in Israel as It Closes Development Center.

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